Why are so many investors optimistic that the market cap will hit trillion this year?
I don't understand. There’s just no new money or “dumb money” flowing in cryptocurrency like it did in late 2017. FUD is causing so many people to pull out. Many of them may not ever put money back in due to constant fear and worry.
Until you hear crypto talk taking over your company parties again like it did in December, we won’t reach that big of a market cap anytime soon. Please wake up.
You are probably saying this because you are not really familiar with how bitcoin development has been doing lately, and the news are quite good. Bitcoin hit mainstream to soon, and it couldn't really handle it. Companies had to remove bitcoin support as a payment system, because it simply wasn't ready for it. With the new improvements in the LN, bitcoin will be able to supply such demand. When it does, you will see big names investing into crypto. Don't forget that right now we only had retail investors, and we still need institutional investors. Those normally read news, and they knew that bitcoin wasn't ready yet, so they are patiently waiting on development and regulation. Once those things happen in a good way for BTC, then they will jump in.
Development is the key where it do comes to a point on where bitcoin would be already capable to be accepted by big companies or institution when it comes to payment system.If we do try to look up on the current situation we can really say that
BTC isnt really still capable to be applied on.Going back about doubts and fear on investing into crypto.You can really remove those persons who do have negative impressions towards crypto but there are still lots of people optimistic on hitting a trillion marketcap.